AXIS CAPITAL HOLDINGS LIMITED

AXS ·Financial, Insurance - Property & Casualty
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $6.56B $5.96B $5.64B $5.14B $5.32B $4.84B $5.17B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $703.9M $666.2M $684.4M $680.3M $663.3M $579.8M $634.8M
Operating Income $1.29B $1.09B $471.0M $308.3M $743.3M $-57.7M $415.3M
Operating Margin 19.7% 18.4% 8.3% 6.0% 14.0% -1.2% 8.0%
Interest Expense $66.7M $67.8M $68.4M $63.1M $62.3M $75.0M $68.1M
Pretax Income $1.23B $1.03B $402.6M $245.1M $681.0M $-132.7M $347.2M
Income Tax Expense $216.7M $-55.6M $26.3M $22.0M $62.4M $-12.3M $23.7M
Net Income $1.01B $1.08B $376.3M $223.1M $618.6M $-120.4M $323.5M
Net Margin 15.4% 18.2% 6.7% 4.3% 11.6% -2.5% 6.3%
EPS (Basic) $12.52 $12.49 $4.06 $2.27 $6.95 $-1.79 $3.37
EPS (Diluted) $12.35 $12.35 $4.02 $2.25 $6.90 $-1.79 $3.34
Shares Outstanding (Basic) 74.0M 78.2M 84.2M 85.1M 84.9M 84.7M 84.3M 83.9M
Shares Outstanding (Diluted) 74.0M 79.3M 85.2M 86.0M 85.7M 85.3M 84.3M 84.5M
Dividends Per Share $1.76 $1.76 $1.76 $1.73 $1.69 $1.65 $1.61
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